§ 10. Classes of corporations. A cooperative corporation shall be either stock or non-stock. A stock cooperative shall issue to members shares of stock evidencing membership and may issue, to members or others, shares of stock of a different class or classes not evidencing membership.
Classes of corporations
N.Y. Cooperative Corporations Law § 10, under Formation and Dissolution of Cooperative Corporations; Classes; Powers; By-laws.
N.Y. Cooperative Corporations Law § 10